Hashtag #OrderTypes101 is used in publications on the Binance Square platform, dedicated to types of orders in trading.
This term refers to various types of orders used to manage risks and maximize profits. Some of them are:
Market order — executed immediately at the current market price.
Limit order — a specific price is set for buying or selling; the order is not executed until the market reaches that price.
Stop-loss order — automatically sells an asset if the price falls to a certain level.
Take-profit order — closes the trade as soon as the target profit is reached.
In publications with the hashtag #OrderTypes101 , authors analyze how different types of orders impact trading and provide recommendations for their use.
It is important to remember that trading involves risks, and the use of orders is not a financial recommendation.